Post
Topic
Board Economics
Re: Bitcoin Is Now Officially In Its Longest Bear Market Ever
by
fakegurutu
on 03/02/2019, 21:32:13 UTC
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market

This is such a very bad news to all of the crypto people, may this bearish market be once again over, whats keeping this bear market for so long? Whales must stop manipulating the crypto market up to these dates or else cryptocurrency will die and everything in us will vanish, maybe some organizations is trying to demolish crypto from the real world.